Last night I noticed that there were discussions in the community about how @Riverdotinc could obtain financing after the TGE, which can be considered a highly valuable positive signal, especially in the current market where competition among cross-chain and stablecoin projects is quite fierce.
It is common for projects to secure significant financing before the TGE, and I won't list them all here. These projects mainly obtain financing through their project vision, whitepapers, and endorsements from team members. As for whether things will pan out, everyone is left with a big question mark, so usually, it ends up being a mess after the TGE, either plummeting and maintaining a relatively decent price or going straight to zero.
Therefore, being able to secure financing after the TGE, especially from well-known investment institutions like MaelstromFund, indicates that capital recognizes the potential of the $RIVER product and the execution capability of the project team. Real market performance, such as price, trading volume, stablecoin circulation, total locked value, etc., has already proven that this project has withstood the market test (especially during the previous malicious short-selling crisis from external sources), and the future looks promising.
In simple terms, compared to the former's mere pie-in-the-sky promises, the latter is more practical and measurable.
Institutions are much smarter than individual investors like us.
In the future, we can expect $RIVER to challenge the major exchanges while leveraging its product strength and capital-empowered network to bring in more partners, exposure, and other types of resource support. In short, it's all good news.
The new high for $RIVER is currently set at $25.95, which is very close to $26. I believe that if this trend continues, by the time the results are announced in mid-month, perhaps the price really can hit my prediction of $62.02!
Recently, I have clearly felt that the difficulty in obtaining points has increased; backtracking a bit, the amount of points that can be earned daily through InfoFi has already dropped to 125K. This means that participants with accounts at the lower end of the scale need to produce more insightful content to compete with the top players. Although the rewards given are not much, generally fluctuating between 20-200 $RiverPts, I will continue to persist in writing.